Leonteq Securities AG Has $2.37 Million Holdings in The Trade Desk $TTD

Leonteq Securities AG raised its holdings in shares of The Trade Desk (NASDAQ:TTD) by 43.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,386 shares of the technology company’s stock after acquiring an additional 31,464 shares during the quarter. Leonteq Securities AG’s holdings in Trade Desk were worth $2,369,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in TTD. State Street Corp increased its stake in Trade Desk by 271.1% in the 3rd quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock valued at $1,781,723,000 after buying an additional 26,559,005 shares during the period. Norges Bank purchased a new position in shares of Trade Desk during the 4th quarter valued at $197,550,000. Federated Hermes Inc. increased its stake in shares of Trade Desk by 1,041.1% in the fourth quarter. Federated Hermes Inc. now owns 4,710,847 shares of the technology company’s stock worth $178,824,000 after acquiring an additional 4,298,009 shares during the last quarter. Voloridge Investment Management LLC increased its stake in shares of Trade Desk by 676.6% in the fourth quarter. Voloridge Investment Management LLC now owns 4,208,083 shares of the technology company’s stock worth $159,739,000 after acquiring an additional 3,666,189 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Trade Desk by 101.0% during the third quarter. Invesco Ltd. now owns 6,807,971 shares of the technology company’s stock worth $333,659,000 after acquiring an additional 3,421,074 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

Analyst Upgrades and Downgrades

TTD has been the subject of a number of research reports. Rothschild & Co Redburn initiated coverage on Trade Desk in a research report on Thursday, May 28th. They set a “sell” rating and a $11.00 price objective for the company. UBS Group set a $31.00 price target on Trade Desk and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada set a $33.00 price target on Trade Desk and gave the company an “outperform” rating in a report on Friday, May 8th. Scotiabank set a $20.00 price target on Trade Desk in a research note on Monday, May 11th. Finally, Wedbush set a $21.00 price objective on Trade Desk and gave the stock a “neutral” rating in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have assigned a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $33.52.

Trade Desk Price Performance

Trade Desk stock opened at $19.10 on Friday. The company has a market capitalization of $8.98 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 0.93 and a beta of 1.04. The Trade Desk has a one year low of $16.98 and a one year high of $91.45. The company’s fifty day moving average price is $20.85 and its two-hundred day moving average price is $26.18.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.24). The company had revenue of $688.86 million during the quarter, compared to analyst estimates of $678.87 million. Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.33 earnings per share. As a group, sell-side analysts anticipate that The Trade Desk will post 1.17 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Samantha Jacobson sold 53,681 shares of Trade Desk stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $21.14, for a total transaction of $1,134,816.34. Following the sale, the director owned 13,099 shares of the company’s stock, valued at approximately $276,912.86. This trade represents a 80.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.41% of the stock is currently owned by company insiders.

About Trade Desk

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.